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Россия 23.09.2021

At the Global Dairy Trade auction, prices for milk powder are rising and the price of butter is declining

Источник: The DairyNews
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The 292nd GDT (Global Dairy Trade) auction of September 21, 2021 again ended with growth. The price index for dairy products continued to grow, the growth was 1%, the prices for milk powder continued to grow, but the prices for butter and cheese began to decline
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The weighted average price for dairy products at the 292nd GDT auction was 4,011 USD/kg. Taking into account the weakening of the ruble against the dollar compared to the previous auction, the weighted average price of dairy products in the Russian currency increased by 2.7% to 294.13 rubles/kg, which is 27.3% higher than in September 2020.

A total of 24,476 tons of dairy products were sold at the auction, 617 tons less than at the previous auction. The number of bidders - 175.

Prices for skimmed milk powder (+0.9%), whole milk powder (+2.2%), lactose (+1.3%) continued to rise at the auction, but prices for butter (-1.9%) and cheddar (-1.2%) decreased.

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The next Global Dairy Trade auction will be held on October 5, 2021.



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